Stamp Duty & Service Tax

Q: We booked an under construction apartment and paid 2.9% stamp duty against Agreement to Sale.
Now that i have to make sale deed for apartment i have to pay balance.
My apartment cost 28.5 lacs so i was assuming i have to pay a total of 5%.
Is this rate same? Where i can find this information.
Second question:
As per agreement i have to alos pay for service tax amount to builder.
What will be rate at which this amount to be calculated?
12.26% (1/4th) which we made agreement to sale or 14% (1/4th) which is applicable now ?

Abhishek, Goa

17th July 2015

Property Tax in Goa

Follow Discussion

Also see discussions for

Goa Property Tax Property Tax in Goa

Replies (4)

Thanks raj for sharing this link, now I can understand how to calculate ST. I really appreciate your posting..

Franklin, Goa

5th October 2015

Comment

You can scroll down on this page http://www.arjuntree.com/faq/

Raj Pai Panandiker, Goa

15th September 2015

Comment

Hi, You can read this article for reference. http://www.commonfloor.com/guide/stamp-duty-and-registration-fee-in-states-41750.html

Franklin, Goa

17th July 2015

Comment

Hi Abhishek, As per my knowledge currently the stamp duty is 7% and registration charges is 1% as per Goa govt. But for better understanding you can consult with the local legal advisor with all document.

Maxwell, Goa

17th July 2015

Comment